#easternmediterraneanarea

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #wednesday #morningpressreview #europegas Gas prices in Europe rose by more than 12% NICOSIA (Radiosat24web) - Gas prices in Europe rose, today, Wednesday, by more than 12%, in light of the decline in natural gas supplies from Russia through the "North Stream-1" due to the obstruction of equipment maintenance work, in light of Western sanctions. According to trading data, gas prices in Europe rose by more than 12% and approached the level of $2,350 per thousand cubic meters of blue fuel, for the first time since last March. The rise comes in light of fears of a decline in natural gas supplies from Russia, and the Russian "Gazprom" company will start from today, Wednesday, to reduce natural gas supplies to Europe through the "North Stream-1" route, after another turbine stopped working due to maintenance work. Western sanctions imposed on Russia are obstructing the maintenance work of the Siemens turbines installed on the "North Stream-1" pipeline (a gas pipeline from Russia to Germany across the bottom of the Baltic Sea), which leads to a decrease in the volume of supplies. #radiosat24web https://www.instagram.com/p/CggxPpLNUnc/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #wednesday #morningpressreview⌨️🎤☕☕ https://www.instagram.com/p/CggWk0Pts6N/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #tuesday #morningpressreview #sᴜᴍᴍᴇʀ2022 https://www.instagram.com/p/Cgd82nCt8Q1/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #thursday #morningpressreview #worldgoldprice Gold loses its luster ahead of the ECB rate hike NICOSIA (Radiosat24web) - Gold prices fell on Thursday to their lowest levels in nearly a year, as prospects for an interest rate increase by major central banks to curb spiraling inflation weighed on the precious metal's allure. Although gold is considered a hedge in the face of inflation, the rise in interest increases the opportunity cost of holding the yellow metal, which does not yield a return. And gold fell in spot transactions 0.3 percent to $ 1691.84 an ounce, by 0313 GMT, after falling to its lowest level since early August 2021, recording $ 1689.40 earlier in the session. US gold futures fell 0.6 percent to $1,690.40 an ounce. The European Central Bank is set to raise interest rates for the first time in 11 years on Thursday, with a larger-than-reported move increasingly likely, as policymakers fear losing control of unbridled consumer price growth. The Federal Reserve is also widely expected to raise interest rates by 75 basis points at its policy meeting next week. In Britain, inflation rose in June to a 40-year high, boosting the chances of the Bank of England raising interest rates by half a percentage point next month. "Gold fell below $1,700 an ounce as investors continue to limit their exposure to the sector ahead of central bank meetings," ANZ analysts said in a note. The dollar's decline limited gold's losses, as it fell 0.3 percent against rival currencies. A weak dollar makes gold cheaper for holders of other currencies. Market participants are also anticipating the resumption of gas flows through the largest pipeline from Russia to Germany. Among other precious metals, silver fell in spot transactions 0.6 percent to $ 18.54 an ounce, and platinum lost 0.5 percent to $ 854.03, while palladium increased 0.3 percent to $ 1867.20. #radiosat24web https://www.instagram.com/p/CgQ9ULItc74/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #thursday #morningpressreview⌨️🎤☕☕ https://www.instagram.com/p/CgQ713hN-kX/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #monday #afternoonpressreview #worldoilprice Brent exceeds $ 102 due to the weakness of the US currency and the scarcity of supplies NICOSIA (Radiosat24web) - Oil prices extended gains on Monday, boosted by a weak dollar and tight supplies, which offset fears about a recession and the possibility that widespread shutdowns in China to combat Covid-19 will again reduce demand for fuel. Brent crude futures for September delivery rose $1.56, or 1.5 percent, to $102.67 a barrel by 0736 GMT, after a 2.1 percent increase on Friday. US West Texas Intermediate crude futures for August delivery also rose $1.25, or 1.3 percent, to $98.84 a barrel, after rising by 1.9 percent in the previous session. The US dollar retreated from multi-year highs on Monday, supporting the prices of commodities ranging from gold to oil. A weak dollar makes dollar-denominated commodities more accessible to holders of other currencies. Last week, Brent and West Texas Intermediate posted their biggest weekly declines in about a month amid fears of a recession hurting oil demand. Mass testing for COVID-19 continued in parts of China this week, raising concerns about oil demand in the world's second-largest oil consumer. However, oil supplies remain tight, which supports prices. #radiosat24web https://www.instagram.com/p/CgJ5MAptNtq/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #monday #morningpressreview⌨️🎤 https://www.instagram.com/p/CgJIlBbtikb/?igshid=NGJjMDIxMWI=

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #monday #morningpressreview #eurovalue Is the euro out of its crisis? NICOSIA (Radiosat24web) -The euro's fall against the dollar on the backdrop of the Ukraine war and the rising risks facing the European Union's economy has brought the two currencies into parity for the first time in two decades. The single European currency fell to $0.9952 on Thursday, an unprecedented level since late 2002, when the euro was officially introduced. However, investors expect that the Euro can recover if several obstacles remain in its path over the coming months. The first obstacle is the risk of interruption of Russian gas supplies to Europe, which would lead to higher electricity bills and force eurozone countries to reduce some industrial activities. "If gas flows from Russia return to normal or at least stop declining after the shutdown that led to maintenance work at Nord Stream 1 ends next week, this will ease market fears somewhat of the crisis," Commerzbank analyst Esther Rechlet told Radiosat24web imminent gas in Europe". While the Russian gas giant "Gazprom" has warned that it cannot guarantee the normal operation of the pipeline, European countries fear that Moscow may seek to use technical justifications to permanently stop and put pressure on gas shipments. French President Emmanuel Macron said Thursday that Russia was using energy as a "weapon of war". In turn, Stephen Innes, an analyst at SBI Asset Management, warned that "if (Nord Stream 1) is not restarted, the euro will decline and the whole world will feel the economic tremors, while the European energy crisis could cause a recession." This #article continues https://www.instagram.com/p/CgJHmTJN_uI/?igshid=NGJjMDIxMWI=